BitMine Begins Staking Its $12 Billion Ethereum Holdings
BitMine, the biggest company holder of Ethereum, has begun staking a part of its $12 billion ETH treasury. On December 27, on-chain analyst Ember CN reported that the agency deposited roughly 74,880 ETH, valued at about $219 million, into Ethereum staking contracts. Why is BitMine Staking Its Holdings? The transfer represents solely a small slice…
